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ECCouncil 312-82 Practice Test - Questions Answers, Page 5

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List of questions

Question 41

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__________ is the process of converting rights to an asset into a digital representation on a blockchain.

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Question 42

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What is the primary benefit to patients of blockchain in the healthcare are industry?

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Question 43

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A________ is a blockchain where participants of the network are already known and trusted.

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Question 44

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A____does not result in a new chain and does not require client nodes to upgrade.

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Question 45

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Ethereum uses_____ as Proof of Work (PoW) whereas Bitcoin uses____based PoW.

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Question 46

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FinCEN requires any person engaging in the business of money transmission or the transfer of funds, including CVC, to (I) maintain an ''effective'' written anti-money laundering program reasonably designed to prevent the business from being employed to help the financing of terrorist activities and money laundering and________.

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Question 47

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______is intended to provide a foundation for the development of blockchain solutions with a modular architecture.

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Question 48

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These wallets use a this passphrase to derive the private key

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Question 49

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________are computer programs which facilitate transaction automation and eliminates the need for intermediaries

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Question 50

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Which of the following are benefits of blockchain for financial services according to IBM ''Blockchain for Financial Services''?

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When using __________ the chain of ownership is established by a chain of digital signatures as each owner signs when transferring ownership.
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